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Lew
made the remark in a bilateral meeting with Japanese Finance
Minister Taro Aso on the sidelines of a Group of 20 summit in
Antalya, Turkey, the U.S. Treasury Department said in a
statement issued on Sunday.
In the meeting, Lew called on Japan for "calibrating fiscal
policy to avoid subtracting from growth in the near term,
ensuring that a return to domestic demand-driven growth can
support consolidation efforts over the medium term," the
statement said.
Japan's economy slid back into recession in July-September as
uncertainty over the overseas outlook hurt business investment,
data showed on Monday, keeping policymakers under pressure to
implement new stimulus measures to support a fragile recovery.
But the government is reluctant to deploy massive fiscal
stimulus due to constraints over its finances, with public debt
having ballooned to twice the size of its economy.
(Reporting by Leika Kihara in TOKYO; Editing by Jacqueline Wong)
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